Financials

  • Market Capitalization 14.1 B
  • Employee 20 K
  • Founded N/A
  • CEO Jim Snee
  • Website www.hormelfoods.com
  • Headquarter Delaware, United States
  • FIGI BBG000BLF8D2
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
27.92
Price to sales ratio
Dividends per share
0.29
Dividend yield %
8.18

Hormel Foods Corporation

Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in over 80 countries.

News